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January 2, 2013News for contractors and the construction industry

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  Infrastructure & Project Focus 
  • NYC advances plan to build world's largest Ferris wheel
    A plan to build a 625-foot-tall amusement ride on Staten Island in New York City advances despite the challenges created by Superstorm Sandy. The "world's largest Ferris wheel" will be designed to "withstand sustained winds up to 129 mph, far stronger than Sandy's." The nearly $500 million project, which includes construction of an outlet mall and hotel, is expected to create 1,200 construction jobs. Yahoo/The Associated Press (1/1) LinkedInFacebookTwitterEmail this Story
  • $2.8B Miss. power plant project challenged by risks
    The Mississippi Power Co., a Southern Co. subsidiary, faces several risks in building a $2.8 billion coal-fired power plant in Kemper County, Miss., according to The Associated Press. Among the risks are cost overruns, the possibility that the new coal-to-gas technology may not work well, and the fact that the company may not be able to recoup overruns through rate increases. There are currently 2,600 construction workers on site. Engineering News-Record/The Associated Press (12/28) LinkedInFacebookTwitterEmail this Story
  • Mass. convention authority plans 2 hotels in South Boston
    The Boston Redevelopment Authority has received a Notice of Project Change from the Massachusetts Convention Center Authority related to the construction of two hotels in South Boston. The two hotels will add 250 rooms each to the area's supply, will dedicate 26,300 square feet for retail space on the hotels' ground floors, and will provide a parking garage to accommodate 1,350 vehicles. The Boston Globe (tiered subscription model) (12/27) LinkedInFacebookTwitterEmail this Story
  Economic Update 
  • Analysis: Reasons to worry in slow U.S. recovery
    Despite consistent growth during the past several years, the U.S. economy is recovering slowly, causing concern. The 2% growth of the past several years might indicate that the economy had lost growth potential even before the recession, or that government policy is lengthening the recovery instead of hastening it. The Wall Street Journal (1/1) LinkedInFacebookTwitterEmail this Story
  Innovation & Green Building 
  • BREEAM honors U.K. building for outstanding sustainable features
    The largest commercial structure in Manchester, England, called One Angel Square, is the highest scoring outstanding building for the Building Research Establishment Environmental Assessment Method in the U.K. The building was built to achieve "a 50% reduction in energy consumption, an 80% reduction in carbon emissions, and a 30% savings in operational costs." Among its sustainable features are the use of exposed concrete that will act like a "thermal sponge," along with systems for rainwater harvesting, recycling and heat recovery. Inhabitat (1/1) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  Association News 
  • Just in time for the holidays -- AGC Members can save $500 on a new Dodge Ram truck
    AGC is pleased to announce a new Membership Discount Program with Chrysler, offering AGC Members a special $500 cash allowance toward the purchase or lease of a new 2012 or 2013 Chrysler, Jeep or Dodge. Visit for more information. LinkedInFacebookTwitterEmail this Story
  • AGC Safety and Health Conference
    Jan. 16-18 || Tampa, Fla
    Construction safety and health is vital for the success of the industry. Join more than 150 industry professionals and participate in the development of regulatory and legislative activity on both a national and local levels, assist in the development and creation of new safety training programs and products and hear the latest initiatives from OSHA and other industry experts. Learn more. LinkedInFacebookTwitterEmail this Story
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Birds sing after a storm; why shouldn't people feel as free to delight in whatever remains to them."
--Rose Kennedy,
American philanthropist

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